Unfortunately, a lot of very senior retired persons have got caught in this product and have invested heavily. To an extent, this was due to the product being mis-sold by the Yes Bank sales staff to the individuals. They were sold these products as better and safer products than FDs and also offering the extra 1.5% returns, which was too attractive for retired persons to miss out. Prior to Yes Bank, no one expected a default in AT1 bonds. The clamour is rising for SEBI to impose some safeguards against mis-selling to retail investors. This used to happen with ULIPs but IRDA came down heavily on such mis-selling and brought it under control.